China Financial News and Headlines: stock markets, securities, banking and funds

Feb 20, 2024 19:43 PM

China’s Bond Funds Outshine Equity Peers Amid Stocks Slump
Rising popularity of bond funds gives the mutual fund industry a much-needed boost as it grapples with stock market rout
Feb 20, 2024 15:03 PM

Shanghai Composite Index Rose 0.42% on Tuesday
Shenzhen Component Index finished nearly flat
Feb 20, 2024 06:02 AM

Former BOC Chief Charged for Bribery, Illegal Loan Issuance
Former bank chairman accused of taking huge amounts in bribes is the latest financial veteran caught in anti-corruption net
Feb 19, 2024 15:03 PM

Shanghai Composite Index Rose 1.56% on Monday
Shenzhen Component Index closed up 0.93%
Feb 16, 2024 20:04 PM

In Depth: Arresting Four-Year Slide of Hong Kong Stocks Hinges on Policy Support
The Hang Seng Index could rebound this year, but the extent will partly depend on whether measures by policymakers to reverse the slide can restore investor confidence, say economists and analysts
Feb 13, 2024 18:17 PM

CICC-Backed Chinese Chip Design Firm Fined Over Fraudulent IPO Application
S2C, whose listing was sponsored by one of the nation’s top investment banks, was fined 4 million yuan for inflating financial results
Feb 09, 2024 17:44 PM

In Depth: Will a Stabilization Fund Prevent a Prolonged China Stocks Slump?
Experience shows such rescue measures only provide short-term relief, and a longer-term recovery will depend on the health of the economy, experts say
Feb 09, 2024 06:35 AM

Guiyang Bank Sues Unit of Copper Giant Amer as $239 Million Loan Goes Sour
Copper king’s company Amer has been involved in more than 160 lawsuits related to contract and debt disputes in different cities
Feb 08, 2024 19:45 PM

Exclusive: Young Chinese PE Investor Dies From Mental Health Issues, Sources Say
The death of Tianli (Shanghai) founder Cao Xin, born in 1990, has captured the attention of investment communities
Feb 08, 2024 15:03 PM

Shanghai Composite Index Rose 1.28% on Thursday
Shenzhen Component Index closed up 1.29%
Feb 08, 2024 05:54 AM

Banks Hand out Lifelines to Whitelisted Property Projects
$2.5 billion loans extended to 83 real estate developments handpicked by local authorities to help revive housing market
Feb 08, 2024 05:03 AM

China’s Finance Ministry Official Wang Kebing Appointed as Vice President of Policy Bank
CBD appointment comes after corruption scandal saw several high-ranking officials sent to prison for taking bribes
Feb 07, 2024 19:09 PM

China Names New Chief of Securities Watchdog Amid Stock Slump
Financial veteran Wu Qing has replaced Yi Huiman at the helm of the China Securities Regulatory Commission
Feb 07, 2024 15:03 PM

Shanghai Composite Index Rose 1.44% on Wednesday
Shenzhen Component Index closed up 2.93%
Feb 07, 2024 06:52 AM

CSRC Vows to Crack Down on Malicious Short Selling to Stabilize Stock Market
Those who dare to flout the law will ‘lose their shirts and rot in jail’, warns regulator in moves to curb market manipulation
Feb 07, 2024 06:47 AM

Chinese Stock Brokerages Reports Strong 2023 Profits Despite Market Slump
Investment gains and growth in investment banking saw 17 companies increase profits from 2022, while seven said profits had at least doubled
Feb 06, 2024 21:12 PM

In Depth: China Set for Interest Rate Cuts to Support Economy
Analysts expect the PBOC to lower borrowing costs in the first or second quarter as a shift in U.S. monetary policy gives it more room to maneuver
Feb 06, 2024 15:03 PM

Shanghai Composite Index Rose 3.23% on Tuesday
Shenzhen Component Index closed up 6.22%
Feb 06, 2024 05:09 AM

China’s Star Fund Manager under Investigation, Sources Say
Founder of Qianhe is at the center of an insider trading probe and is said to have stepped back from his company for personal reasons
Feb 06, 2024 04:51 AM

Ex-Chief of China Merchants Bank Receives Suspended Death Sentence
Former CMB chief admitted taking $28.8 million in bribes and making $40 million through insider trading